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Addiction 2023.1

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Road Cycling “It is by riding a bicycle that you learn the contours of a country best, since you have to sweat up the hills and coast down them. Thus you remember them as they actually are, while in a motor car only a high hill impresses you, and you have no such accurate remembrance of country you have driven through as you gain by riding a bicycle.” -- Ernest Hemingway

Addiction 2023.1

Old 01-18-23, 05:47 AM
  #2151  
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Originally Posted by bampilot06
looks like they were better off never taking the money. It’s a shame they went after the users. Seems like to me, since it’s been dubbed “the official” record keeper for everyone, they should have gotten involved with events and marketed more towards big companies and got them to pay to have access to the users. Just my thought.

I have a feeling, with the latest 1/4 earnings they are going to make the whole platform subscription based and they will fail.

Knowing what I know now, I don’t see how I would ever pay. It’s unfortunate because I for one like strava a lot, but how could I pay knowing at any moment the rug will be pulled out from underneath them.
Often the way. But, the hope is always you take the funding and become the next Twitter, so you take it and then eventually fail and the VC gets your company to run as they please, which usually means hollowing out or completely changing. Their "valuation" now is apparently 1.5b. Which is enough to drool over, and even if highly optimistic still would make the investors quite wealthy upon takeover. It's also very, very hard and slow to do the TrainerRoad approach and start and grow with no funding.

Of course, this is also the danger of leaning into "SOIDH" and allowing a private company to own a slice of your culture.
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Old 01-18-23, 05:50 AM
  #2152  
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Originally Posted by LesterOfPuppets
The hot setup at Tour Down Under. Super wack shifter position to keep you aero, but still run the new minimum 350mm bar width. I expect UCI will start measuring at the hoods rather than widest part of the bars as soon as they can.

https://road.cc/content/tech-news/ha...oophole-298683
Looks like that could be a fun compromise for twisty tri courses. Wow.
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Old 01-18-23, 06:35 AM
  #2153  
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It’s a chilly, windy, grey day out.

Time to ride!
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Old 01-18-23, 06:39 AM
  #2154  
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Not sure where Strava is going. I am thrifty so use the free version. That said, I like it enough that if they made a “basic” version for say $25/year I would pay for it.

They pissed off many of their users a few years ago when they removed several features from the basic/free version. I know it was a ploy to get more paid subscribers, but I don’t think it worked.
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Old 01-18-23, 08:21 AM
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Originally Posted by datlas
Not sure where Strava is going. I am thrifty so use the free version. That said, I like it enough that if they made a “basic” version for say $25/year I would pay for it.

They pissed off many of their users a few years ago when they removed several features from the basic/free version. I know it was a ploy to get more paid subscribers, but I don’t think it worked.
$60/year is no big deal. Most of us spend more on strumpf waffles.
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Old 01-18-23, 08:32 AM
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Originally Posted by abshipp

Isn't that Mooney yours? Absolutely stunning.
Long-suffering spouse's.

Here's mine, now sadly consigned to the trainer. Peter made them for us in the early 80s.


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Old 01-18-23, 08:58 AM
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Originally Posted by Bah Humbug
Often the way. But, the hope is always you take the funding and become the next Twitter, so you take it and then eventually fail and the VC gets your company to run as they please, which usually means hollowing out or completely changing. Their "valuation" now is apparently 1.5b. Which is enough to drool over, and even if highly optimistic still would make the investors quite wealthy upon takeover. It's also very, very hard and slow to do the TrainerRoad approach and start and grow with no funding.

Of course, this is also the danger of leaning into "SOIDH" and allowing a private company to own a slice of your culture.
I worked for VC backed companies my entire career until I switched to a not-for-profit health plan/health system.

It was always about the EBIDTA, cut 10% every year to hit the goal with no reduction in work to hit the EBIDTA goal. The people who were failing to bring new business never had their teams impacted though, was always IT and analytics.

The last VC backed company I was with got bought by Anthem a few years ago and we turned a decent penny from equity shares though, so there’s that I guess…
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Old 01-18-23, 09:16 AM
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Originally Posted by rjones28
$60/year is no big deal. Most of us spend more on strumpf waffles.
How about $80? I read that is coming soon.
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Old 01-18-23, 09:36 AM
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Originally Posted by Mojo31
How about $80? I read that is coming soon.
Yeah rjones28 what is a big deal?
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Old 01-18-23, 09:38 AM
  #2160  
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Originally Posted by datlas
It’s a chilly, windy, grey day out.
Fog.
Driving to band last night, visibility went from normal to thick fog in the span of a mile or two.

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Old 01-18-23, 09:51 AM
  #2161  
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Originally Posted by Mojo31
How about $80? I read that is coming soon.
Still cheaper than a subscription to the WSJ.
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Old 01-18-23, 09:55 AM
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Originally Posted by rjones28
Still cheaper than a subscription to the WSJ.
A lot more work goes into providing the WSJ.
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Old 01-18-23, 09:58 AM
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Originally Posted by Velo Vol
Yeah rjones28 what is a big deal?
Doubling with price would certainly get my attention.
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Old 01-18-23, 10:00 AM
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Originally Posted by Velo Vol
A lot more work goes into providing the WSJ.
Irrelevant.
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Old 01-18-23, 10:30 AM
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I don't know if you could call it a VC situation but in the mid 90s a man (Rydell) and GM got together in an attempt to buy up all the GM dealers in Southern California. The idea was GM could better control pricing to try and capture a larger share of the local market. I think Mr Rydell already owned dealerships in other states.

They managed to acquire 13 stores in my area including two I had worked for and they closed two of them right away. They were unable to convince many owners to sell, however, and the whole project failed after several years. They did some smart things, like opening a massive new car receiving and preparation center at the site of the defunct GM assembly plant. They also did some incredibly dumb things, like trying to have service departments open for a second shift and on Sundays. They also had one ornery bastard in charge of personnel for all 11 service departments.

Eventually they sold them all off including the one that still bears the name. One guy I worked for refused to sell to them but later sold all 10 of his stores to Autonation for $110 million. I guess Rydell didn't sweeten the deal enough for him.
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Old 01-18-23, 10:52 AM
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Originally Posted by rjones28
Irrelevant.
You want to compare the two () then compare the product you're paying for.
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Old 01-18-23, 10:53 AM
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This is something.

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Old 01-18-23, 11:00 AM
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Originally Posted by datlas
Not sure where Strava is going. I am thrifty so use the free version. That said, I like it enough that if they made a “basic” version for say $25/year I would pay for it.

They pissed off many of their users a few years ago when they removed several features from the basic/free version. I know it was a ploy to get more paid subscribers, but I don’t think it worked.
IIRC from DCR at the time, that was also when the VCs told them they needed to make some money themselves.
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Old 01-18-23, 11:04 AM
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Originally Posted by Velo Vol
Slackers gonna slack.

Life's a biatch when you have to start paying your car and other expenses yourself.
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Old 01-18-23, 11:11 AM
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Originally Posted by Mojo31
Slackers gonna slack.

Life's a biatch when you have to start paying your car and other expenses yourself.
You don't have to own a car to have a license.

I know life is different in big cities than it is in Flyover AutoAmerica, but it's hard to imagine being 24 and not having a license.
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Old 01-18-23, 11:17 AM
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Originally Posted by Velo Vol
You don't have to own a car to have a license.

I know life is different in big cities than it is in Flyover AutoAmerica, but it's hard to imagine being 24 and not having a license.
I concur.
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Old 01-18-23, 11:21 AM
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Originally Posted by Velo Vol
Spotting the trend is one thing, interpreting it is another. What did they say was the reason? I don't twitter.
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Old 01-18-23, 11:26 AM
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Originally Posted by Velo Vol
You don't have to own a car to have a license.

I know life is different in big cities than it is in Flyover AutoAmerica, but it's hard to imagine being 24 and not having a license.
But, you do have to take a class, pay for it, have access to a car for taking the license test, etc. It's not just free to get. It takes some responsibility.
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Old 01-18-23, 11:32 AM
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Originally Posted by Velo Vol
You want to compare the two () then compare the product you're paying for.
They are each services I consume. I don't care how much effort went into producing them. I am willing to allocate some portion of my personal expenditures to each, based on the perceived value I derive from consuming them.
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Old 01-18-23, 11:35 AM
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Originally Posted by Mojo31
Slackers gonna slack.

Life's a biatch when you have to start paying your car and other expenses yourself.
but interestingly, labor force participation for the 16-24 group went up from 45 to 51 percent between 2010 and 2019 after years of decline. it could be that people are simply delaying car ownership, as they've delayed (but not stopped) having kids. they're still working, but they're getting there other ways or working remotely?

i would like to believe that americans are becoming less dependent on cars to get to and from work and basic shopping, school, etc, but unfortunately the pandemic has made a huge dent in what was 20 years of positive movement away from auto dependence.
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